How Federal Reserve Chairman encourage lawmakers? (tax, recession, economy, budget)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Federal Reserve Chairman Ben S. Bernanke may encourage lawmakers today to stimulate the economy while aiming to avoid his predecessor's ``regret'' of being tied to specific measures.
does anybody know how he can encourage them?
Legislators will question the Fed chief on steps to avoid the first recession since 2001 when he testifies to the House Budget Committee in Washington.
Bernanke will try to avoid backing any particular tax or spending policies because doing so could earn criticism from legislators who oppose them, putting the Fed's reputation for independence at risk.
during thees days, he try to help market by some act and speeches . but $ go down and nothing happened to it against down term